3.19.2009

Sure, taxes are high, but you get a lot of entertainment for your money


WASHINGTON – At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday....



Banks and other firms receiving federal money were required to sign contracts stating they had no unpaid taxes, Lewis said. But he said the Treasury Department did not ask them to turn over their tax records.

[From 13 firms receiving federal bailout owe back taxes]


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